Compare Canadian Mortgage Rates

Compare our mortgage rates with other banks and lenders with CanEquity's Canadian Mortgage Rate Comparison chart. Below you will also find the lastest Bank of Canada rates, including rates for business prime, bonds and currency exchange rates. All of our Canadian rates are updated daily.

Mortgage Rate Comparison

Find the best residential mortgage rates in Canada

Note: These rates are provided as a convenience and many are provided by third parties, therefore we cannot guarantee their accuracy.

Financial Institution

Mortgage Term

Variable

6 Mth

1 Year

2 Year

3 Year

4 Year

5 Year

CanEquity Mortgage

2.20

3.95

2.69

2.34

2.49

2.59

2.64

ATB Financial

2.35

4.00

2.94

2.79

2.79

2.84

2.94

Alterna Bank

2.45

4.00

2.98

2.98

2.98

2.94

2.98

Alterna Savings

2.45

4.00

2.98

2.98

2.98

2.94

2.98

Bank of Montreal (BMO)

2.85

4.00

2.89

2.84

3.39

3.89

4.74

Bank of Nova Scotia

2.85

4.55

3.29

3.09

3.39

3.89

4.49

CIBC Mortgages

2.85

4.45

2.89

2.84

3.55

4.14

4.79

Caisses Desjardins

2.85

4.40

3.14

3.24

3.75

4.39

4.79

Canadian Western Bank

3.05

4.00

3.14

3.04

3.65

4.20

4.79

Canadian Western Trust

3.05

4.00

3.14

3.04

3.65

4.20

4.79

Comtech Credit Union

-

6.20

2.99

3.25

3.29

2.99

2.99

DUCA Financial Services

2.75

-

3.19

3.10

3.09

3.19

2.99

Effort Trust

-

4.45

3.45

3.60

3.70

4.60

4.95

Equitable Bank

-

-

3.14

3.14

3.80

4.54

4.74

First Calgary Financial

-

4.00

2.89

2.89

2.99

3.09

3.19

First National Financial LP

2.85

3.95

2.99

2.59

2.69

2.79

2.89

FirstOntario Credit Union

2.85

4.24

2.99

3.04

3.19

2.99

2.89

HSBC Bank Canada

2.95

4.45

3.54

3.04

3.54

4.24

4.94

Home Trust Company

2.50

3.95

2.89

2.44

2.59

2.79

2.79

ICICI Bank Canada

3.05

-

3.15

3.65

3.64

3.69

3.69

Investors Group Trust

2.85

4.20

3.14

3.09

3.75

4.39

4.79

Laurentian Bank Canada

2.85

4.40

3.14

3.14

3.50

4.39

4.79

League Savings & Mortgage

-

4.00

2.99

2.99

2.99

3.09

3.09

Libro Credit Union

-

3.75

3.00

3.00

3.00

3.05

3.10

London Life

2.85

4.20

3.14

3.09

3.75

4.39

4.79

Manulife Bank

2.55

4.45

3.00

3.04

2.94

2.99

2.99

Manulife Trust

-

4.45

3.00

3.04

2.94

2.99

2.99

Meridian Credit Union

2.65

4.00

3.09

3.09

3.55

3.29

2.89

National Bank

2.85

4.40

2.89

2.84

3.39

3.89

4.74

Ontario Civil Service CU

3.00

6.00

3.09

3.09

3.07

3.24

3.29

PACE Savings & CU

-

5.00

2.89

2.59

3.39

3.89

4.74

Parama Credit Union

2.50

-

2.70

2.90

3.00

3.10

3.25

Peace Hills Trust

-

4.50

3.15

3.50

3.75

3.85

3.95

President's Choice Financial

2.85

6.19

3.19

2.84

3.49

4.04

4.44

Royal Bank of Canada (RBC)

2.85

3.14

3.14

3.14

3.80

4.54

4.74

Servus Credit Union

-

4.00

2.94

2.84

3.39

3.89

4.74

Steinbach Credit Union

-

-

2.65

2.75

2.85

2.90

2.95

TD CanadaTrust

2.85

3.14

2.89

2.84

3.39

3.89

4.74

Tangerine

3.00

-

3.19

3.24

3.49

3.69

3.79

Windsor Family CU

-

4.45

3.14

3.14

3.75

3.95

3.79

Your Neighbourhood CU

-

-

2.99

3.00

3.29

3.45

3.34

Last Update: 2015-02-25

* Mortgage interest rates are subject to change without notice at any time. Some rates may be subject to minimum credit score, loan amount and may only be available certain lending areas. A quick closing loan condition may be required. Does not apply to preapprovals. Contact CanEquity for details. Although every attempt is made to ensure the accuracy of our website, the above mortgage information should only be used as a guideline and CanEquity makes no guarantees on any rates shown. CanEquity Mortgage always recommends that you consult a mortgage broker before making a decision. CanEquity does not guarantee to have the lowest rate in Canada. We do make every attempt though to find the best mortgage deal possible for all of our clients.

§ Our mortgages are only available to Canadian residents or foreigners purchasing property located in Canada.

The tax-deductible, employer-crafted Private Health Services Plan (PHSP) you want is available in Canada through CanEquity. Select the coverage options that appeal to you and your staff, from a vast array of comprehensive health care services.

Keep your home, family and finances protected in the event of your passing with guaranteed issue life insurance. Regardless of your current health condition, this full life coverage is available to all applicants through to the age of 70.

Our job as mortgage brokers is to try to find the best mortgage rates in Canada for each client we work with.
If you come across another site or company that is offering a lower rate for a comparable term, please let us know.